Apex Silver Mines Limited announced that it has entered into a non-binding letter of intent with Sumitomo Corporation providing for the sale of Apex Silver’s interest in the San Cristóbal mine to Sumitomo for a cash purchase price of $22.5 million. Apex Silver would continue to manage the mine following the sale.
Sumitomo currently owns [...]
DUMONT NICKEL INC. announce that a NI-43-101 compliant Technical Report for its 100% held Alberta SBH polymetallic black shale Property has been filed on www.SEDAR.com. The Report is also available from DUMONT’s website. DUMONT concluded acquisition of the Property in July, 2008, and has not yet conducted exploration work on it. The Report [...]
Dia Bras Exploration announce that it has received an updated Resource Evaluation for the Bolivar Cu-Zn Project, effective September 25th, 2008 and dated October 31st, 2008 that was conducted by Yann Camus, P. Eng. Geo., from SGS Geostat Ltd., independent Qualified Person under NI 43-101 standards.
“The pilot mining program initiated by the Company in late [...]
Silverstone Resources Corp. announce that it has agreed to acquire 100% of the life-of-mine payable gold and silver production from Sherwood Copper Corporation’s (”Sherwood”) Minto mine located in the Yukon, Canada effective December 1, 2008. With this acquisition, together with Silverstone’s existing contributing silver contracts, Silverstone is expected to sell in excess of 4.5 million [...]
Tamerlane Ventures Inc. announced new assay results from drill holes that confirm lead-zinc mineralization within the Hinge Zone deposit (HZ) at the Company’s Pine Point Property, located in the Northwest Territories, Canada. The assay results are from 6 holes, TV1-TV4 and TV7-TV8. The Hinge Zone is a sinuous shallow tabular deposit with a zone having [...]
Aura Silver Resources Inc. announce results of a field program undertaken in August on the Greyhound Lake project in Nunavut. Samples collected during the field work contained up to 4.1% copper (Cu), 13.4% zinc (Zn), 8% lead (Pb), 2800 grams per tonne (g/t) silver (Ag) and 28g/t gold (Au). The mineralization occurs in a variety [...]
Lydian International Ltd., a diversified U.K. mineral exploration and development company, announced results from further drilling at its Amulsar gold discovery in Armenia. Results from a further 19 combined diamond and reverse circulation drill holes from the Tigranes area have been returned (Table 1, Appendix). Best results include:
- RCA-038, 106m at 2.3g/t gold (including 21m [...]
Thunder Mountain Gold, Inc. and its wholly-owned subsidiary, Thunder Mountain Resources, announced today the completion of leases on two parcels of private ranch land totaling approximately 489 acres. The land consists of both surface and mineral rights, and is prospective exploration land adjacent to their South Mountain Project in Owyhee County, Idaho. The Company and [...]
Yale Resources Ltd. announce that the La Verde Grande Deposit has now been traced on surface for over 200 metres of its strike length — double what was previously known. The mineralized skarn exposed by trenching is covered by a thin layer of overburden and numerous waste dumps created by the historic mining activity.
Following up [...]
Unico, Incorporated, a natural resource company in the precious metals mining sector, announced results from a tailings evaluation from Behre Dolbear and Company (USA) on geological analysis and evaluation completed at the Unico’s Deer Trail Mine in Marysvale, Utah. The tailings report was submitted as a separate document from the Final Summary Report submitted by [...]
